July 24, 2023
The Best Neighborhoods In Miami For Families
Welcome to the vibrant and diverse city of Miami, a place where stunning beaches, an exciting cultural scene, and a...
July 21, 2023
Mortgage Rates Drop After Positive Inflation News
The average rate for a 30-year, fixed-rate mortgage fell to 6.78% this week – down from last week’s 6.96% and the lowest...
July 20, 2023
June Single-Family Starts Down but Permits Up
U.S. single-family home starts fell 7% in June after four consecutive increases, but permits – an indication of future...
July 19, 2023
Builder Confidence Moves a Bit Higher in July
With the tight inventory of existing homes, the market remains solid for builders, and the index measuring attitudes...
July 18, 2023
U.S. News & World Report’s First Lender Ranking
Best lender for lower mortgage rates? PenFed Credit Union. Best mortgage lender – AmeriSave. Best mortgage refinancing...
July 17, 2023
Title Insurance in Real Estate: Protecting Your Property Investment
Purchasing a home is one of the most significant investments in a person's life, and it comes with an array of...
July 14, 2023
U.S. Rents Lower but Only by $24 a Month
The drop compares to rents’ record high in August 2022. But instead of lowering rents, many landlords have offered perks...
July 13, 2023
Hometown Heroes: $20M Applications in Week 1
The Hometown Heroes Program strongly backed by Florida Realtors received applications requesting $11M the first day the...
July 12, 2023
Fla. ‘Inflation Hotspot’ Due to New Demand
The rising cost of housing has made inflation higher in most of Fla. While that’s not good, the reason for it – higher...
July 11, 2023
Simple Trick Saves Buyers Thousands of Dollars
If a buyer pays half their monthly payment every two weeks, they’ll pay off a 30-year loan in less than 26 years and...
July 10, 2023
What Are Closings Costs in Real Estate Transactions?
Closing costs in real estate refer to the expenses and fees associated with the finalization of a property sale. These...
July 8, 2023
Fed Agency Releases Mortgage Activity Report
FFIEC: In 2022, the percentage of home loans to Blacks (7.9% to 8.1%) and Asians (7.1% to 7.6%) rose, but it fell...
July 7, 2023
Accept It: Higher Mortgage Rates Here to Stay
Homebuyers shouldn’t view today’s rates as temporary and postpone ownership. The housing crisis pushed rates lower for...
July 6, 2023
Why Don’t More Buyers Consider a Fixer-Upper?
In a time of rising housing costs, a fixer-upper offers more house for the money – but the iffy cost for renovations...
July 5, 2023
FHA Increases Large Multifamily Loans Threshold
The U.S. median home listing price was down by 0.9% year-over-year, according to data from Realtor.com. This marked the...
July 4, 2023
Realtor.com Revises Housing Forecast For Second Half Of 2023
Realtor.com has updated its housing forecast for the second half of the year, with predictions for a less onerous...
July 3, 2023
Mortgage Delinquency Rate Drops To Near-Record Low
The U.S. mortgage delinquency rate dropped by 11 basis points in May to 3.10%, according to new data from Black Knight...
July 1, 2023
Renters Starting To See Some Relief In Housing Costs
The median asking monthly rent in the nation’s 50 largest metros dropped by 0.5% year-over-year last month to $1,739,...
June 30, 2023
One-Quarter Of Homebuyers Looking To Move To Another Metro Area
One-quarter of American homebuyers, a new record level, are looking to move to a different metro area, according to data...
June 29, 2023
New Home Sales Jump 12.2% Higher in May
Faced with a dearth of existing homes for sale, buyers flocked to new-home options even in the shadow of higher interest...
June 28, 2023
FHFA April Price Index Up 3.1% Year-to-Year
Month-to-month, prices rose 0.7% nationally – though it ranged from a price drop of 3.8% in the Pacific region to an...
June 27, 2023
Analysis: U.S. Needs More than 4M Homes
Buyer demand remains high, in part, because so many young adults lived with parents during the pandemic. And due to...
June 26, 2023
Another Perk of Homeownership? Lower Inflation
While “shelter costs” make up 25% of the Consumer Price Index, the calculation only looks at rising rents. SMR calls...
June 24, 2023
How Does First-Time Homebuyer Assistance Work?
How do you buy a house? Renters often don’t know. But first-time buyers have tools at their disposal and, oftentimes,...
June 23, 2023
Single-Family Housing Starts Show A New Gusto, Up 18.5%
It was a May to remember in the housing market, according to new data from the U.S. Census Bureau and the Department of...
June 22, 2023
Mortgage Application Activity Records An Uptick
There was an increase of activity in the mortgage application space, according to new data from the Mortgage Bankers...
June 21, 2023
Builder Confidence Rises In Positive Territory
Builder confidence transitioned into positive territory for the first time in 11 months, according to the latest...
June 20, 2023
How Does a Buyer Assume an FHA Mortgage?
A fully qualified buyer can assume a low-rate FHA loan, but sellers need to get a lender release that guarantees they...
June 19, 2023
Baby Boomers And Millennials Are Moving, But Not To The Same Places
Migration patterns by baby boomers and millennials during the first quarter of this year had little in common, according...
June 17, 2023
What Does Fed’s Rate Pause Mean for Buyers?
Should buyers hope for lower mortgage rates later this year? Maybe a bit. Will it convince more homeowners to list their...
June 16, 2023
Mortgage Rates Fall to 6.69%, Second Straight Drop
Last week, the average rate on a 30-year, fixed loan was 6.71%; last year, it was 5.78%. Freddie Mac’s chief economist...
June 15, 2023
Fed Keeps Rates Steady, Suggests 2 More Increases
Interest rates remain unchanged after a Fed meeting – the first pause after 10 straight increases. But “may raise rates...
June 14, 2023
Home Values Up 1.4% In May
U.S. home values grew by 1.4% from April to May, the strongest monthly appreciation since last June. The home value as...
June 13, 2023
Median Asking Rent Price Has First Year-Over-Year Drop In Three Years
The median asking price for rental housing was $1,995 in May, a 0.6% year-over-year decline, according to...
June 12, 2023
5 Myths About FHA Loans
Many people qualify for an FHA loan but don’t realize it. They’re not just for first-time buyers, student loans aren’t...
June 10, 2023
NAHB: Single-Family Still Stronger Outside Cities
The national homebuilders’ 1Q report finds continued relative strength in small towns and rural areas as higher interest...
June 9, 2023
New Home Listings Down 25% From One Year Ago
New listings have become the housing market’s equivalent of an endangered species, as data report from Redfin...
June 8, 2023
1/3 of U.S. Buyers Using Cash
The percentage of U.S. cash sales in April hit its highest level since 2014. SEATTLE – One-third (33.4%) of U.S....
June 7, 2023
Single-Family Home Price Growth Continues At Single-Digit Pace
Single-family home price growth rose by 2% year-over-year in April, according to new data from CoreLogic. This marked...
June 6, 2023
Builders Express Renewed Confidence In Housing Market
Builder confidence in the market for newly built single-family homes rose five points this month to 50, according to the...
June 5, 2023
6 Fed Agencies Plan Automated Appraisal Changes
Home inspectors’ automated valuation models (AVMs) need quality-control to keep historic discrimination out, the...
June 3, 2023
More New Single-Family Homes Being Sold, But They Are Also Smaller
Sales of new single?family houses in April were at a seasonally adjusted annual rate of 683,000, according to estimates...
June 2, 2023
S&P Case-Shiller: Home Prices Are Rising Again
The latest data from the S&P CoreLogic Case-Shiller Indices show a continued recovery for U.S. housing prices, with...
June 1, 2023
Single Family Housing Starts Up
Single?family housing starts in April were at a rate of 846,000, a 1.6% increase from the revised March figure of...
May 31, 2023
Survey: 1 in 4 Canadians Plan to Buy Investment Property in Next 5 Years
Canadians have looked to the future and roughly one in four plan to buy investment property over the next five...
May 30, 2023
Existing Home Sales Down Last Month
Fewer existing homes were sold last month, according to new data from the National Association of Realtors (NAR).Total...
May 29, 2023
Rocket Mortgage Unveils 1% Down Payment Program
Rocket Mortgage, the retail home lender division of Rocket Cos. (NYSE: RKT), has introduced ONE+, a 1% down home loan...
May 27, 2023
How Are Investors Rethinking The Financial Future?
Nearly eight in 10 (78%) are reviewing their finances, with at least 44% interested in learning more about investing in...
May 26, 2023
Study: 2 Out of 5 Sellers Make Buyer Concessions
In 1Q 2023, 42.9% of sellers made a buyer concession; in 1Q 2022, it was 25.5%. Some do it to keep a transaction moving...
May 25, 2023
Median US Home Price Dips To $371K
The median U.S. home price was $371,875 at the conclusion of the four-week period ending May 14, according to data from...
May 24, 2023
Mortgage Applications of New Home Purchases up 4.1%
According to recent data, mortgage applications for new home purchases have increased by 4.1%. This rise reflects a...
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